Question
In the traditional Keynesian model, what happens to GDP (Y) and consumption (C) when government purchases (G) rise? a. Y falls, C falls. b. Y
In the traditional Keynesian model, what happens to GDP (Y) and consumption (C) when government purchases (G) rise?
a. Y falls, C falls.
b. Y rises, C rises.
c. Y falls, C rises.
d.Y rises, C falls.
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Principles of Macroeconomics
Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster
12th edition
134078802, 978-0134078809
